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Strong Buy. The stock dropped on Sept 9 only because some stocks became available to be shorted at a lower cost. However, the shorters got this stock wrong: fundamentals are improving, more downloads, more ads, longer user engagement. In fact, the downloads were up by 23% in Aug, meanwhile according Bank of America analyst downloads were down for instagram and FB.

Shorters. Hope you all lose your shirt. Snapchat download wa up 23% in August, more users, more ads, higher earnings, and eventually profitable. Shorters got it wrong, just like they had it wrong when the stock was around $5.

Those who shor SNAP INC stock, read this carefully..Here are the facts:.1. When I first downloaded Snapchat app, there were fewer users; mostly younger people. .2.The older crowd who spend time on FB are now joining the Snapchat crowd for many reason: it is fun, they stay in touch with their nieces, nephews who are using the app..3.When we need someone to come in to work we contact them via snapchat, they respond faster. Which means they are spending more time on Snapchat app, playing games, creating stories and etc...4.There are more stories being uploaded vs few month ago; hance, more ads. Simply because there are more people using the app. .So, if I were you I would cover the short position before you lose your shirts. Also, do yourself a favor and download the app, it helps you to stay in touch with current events.

$40-$50 stock by years end. The app is starting to become mature as a social media. The work they have done with the app has increased the average amount of time using the app. More usage time, more ads, more money!

Great Stock, turn around story. More and more people are opting out of FB and joining SNAPChat; especially, younger crowd. Furthermore, big companies ads are increasing, like Toyota, VW, DQ, Wendy's. What I don't like is the fact that the insiders always unloading, greedy insiders.

What happened to the negative comments from Seeking Alpha. I guess the comment, "take a Snapchat and it will last longer than the rebound" from Seeking Alpha did not last as longs as the rebound. It pays to get out and see how the younger generation prefer SNAP over FB. I am long and I will stay long for a while.

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